1. (Location) The area South of Houston St. in Manhattan that has become severely commercialized and overly populated by Hollywood types over the past 20 years.

2. (Location) Where you go to wine, dine, and fuck a lonely B-movie star or celebutante if you're an Upper East Side/Park Avenue-dwelling tassle-shoed asshole. The act is normally done at around 10:00 p.m. as part of the asshole's commute home from Wall Street to his Upper East Side/Park Avenue apartment.